Oregon Revised Statutes Chapter 711 § 711.505 — Liability of fiduciary as stockholder; liability of estate and funds
Oregon Revised Statutes Chapter 711 ·
Oregon Code § 711.505·Enacted ·Last updated March 01, 2026
Statute Text
Liability of fiduciary as stockholder; liability of estate and funds.
A person holding stock of an
institution as a fiduciary, as collateral security or in pledge, is not
personally subject to any liability as a stockholder. The person pledging the
stock is liable as a stockholder. The estate and funds in the hands of the
fiduciary are liable to the same extent as the testator, intestate, protected
person or person interested in the trust fund would be liable if able to act
and hold the stock in the name of that person. [Amended by 1973 c.797 §267;
1973 c.823 §146; 1974 c.36 §27]
Plain English Explanation
This Oregon statute addresses Liability of fiduciary as stockholder; liability of estate and funds. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 711.505
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Liability of fiduciary as stockholder; liability of estate and funds. Read the full statute text above for details.
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The formal citation is Oregon Code § 711.505. Use this format in legal documents and court filings.
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